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Mankind's battle against enslavement by the Satanic money changers:


Usury, the most intractable form of slavery

The money lenders create “money” out of thin air and then loan it to us as a debt bearing interest. This Satanic mechanism is the enslaver of nations and the destroyer of peoples. Divine law assesses the death penalty against anyone charging interest and forbids us as individuals to submit to debt.


The following passages are excerpted from THE HIDDEN HISTORY OF MONEY & NEW WORLD ORDER USURY SECRETS

http://www.lulu.com/browse/book_view.php?fCID=165077&fBuyItem=5  
 
Horace Greely 1811-1872: "While boasting of our noble deeds,  we are careful to control the ugly fact that by an iniquitous money system, we have nationalized a system of oppression which, though more refined,  is not less cruel than the old system of chattel slavery."

The Biggest Problem on Earth is Usury as explained in Assorted Scriptures:
 
As Napoleon pointed out: “Terrorism, War & Bankruptcy are caused by the privatization of money, issued as a debt and compounded by interest “- he cancelled debt and interest in France - hence the titanic struggle waged against him by the international banking houses (id est, the Rothschild syndicate) who controlled (and still do) England and all the rest of the nations of Europe. In that sense, once could point to Napoleon as a historical predecessor to Adolph Hitler.

The word Usury in Hebrew is "nesek" and it means “BITING” as from a serpent. It is characterized as  “devouring” in the Quran!
 
THE BIBLE:

 

"The love of money is the root of all evil": (1 Timothy 6:10);

 

"If thou lend money to any of my people that is poor by thee, thou shalt not be to him a usurer, neither shalt thou lay upon him usury." Exodus 22:25;


"
Take no usury of him, or increase ... thou shalt not give him thy money upon usury." Leviticus 25:36-37;

 

"Unto thy brother thou shalt not lend upon usury: That the Lord they God bless thee." Deuteronomy 23:20;

 

"The rich rule over the poor, and the borrower is servant to the lender." Proverbs 22.7;

 

"The stranger that is within thee shall get up above thee very high, and thou shalt come down very low. He shall lend
to thee, and thou shalt not lend to him; he shall be the head, and thou shalt be the tail.
" Deut. 28:44-45;

 

"The rich ruleth over the poor, and the borrower is servant to the lender " Prophet Solomon’s words in Proverbs 22:7;

 

The stranger that is within thee shall get up above thee very high; and thou shall come down very low. He shall lend to thee, and thou shall not lend to him; he shall be the head, and thou shall be the tail” Deut. 28:44-45;

 

It's the same fatal bite of that old Serpent the Devil and Satan which deceiveth the whole World” (Rev. 12:9); 

"
The rich [usurers] rule over the poor, and the borrower is servant to the lender."  Proverbs 22.7;

(For a Bible example of cancellation of debts to money lenders and restoration of property and money to the people, read 
Nehemiah 5:1-13. For a Quranic example, read the history of what happened when verses related to forbidding usury were revealed)

 Yeshua-Joshua-Yeshua-Isa had scathing remarks for the Pharisees (the priest-bankers-usurers who worked from the Temple in Jerusalem) who mislead and prey upon ordinary people in Matthew 23. He exposed them for the sort of people they were: "Hypocrites," "sons of hell," "blind guides," "fools," "full of robbery and self-indulgence," "whitewashed tombs...full of dead men's bones and all uncleanness," "full of hypocrisy and lawlessness," "partners with them in shedding the blood of the prophets", "serpents and brood of vipers", “den of thieves”, “Synagogue of Satan”, Rev. 2:9 "I know the blasphemy of them which say they are Jews, and are not, but are the Synagogue of Satan", "Ye are of your father, the devil ... He was a murderer from the beginning ... he is a liar and the father of it."
 
Pharisees: At the ancient temple in Jerusalem during Yeshua-Joshua-Yeshua’s time two thousand years ago, the Pharisees money-changers used the Jewish and Sun-god temples to collect interest. Yeshua-Joshua was so upset by the sight of the money changers in the temple (the priest-bankers-usurers who worked from the Temple in Jerusalem) who mislead ordinary Jews, he waded in and started to tip over the tables and drive them out with a whip, this being he one and only time we ever hear of him using force during his entire ministry. o what caused the ultimate pacifist to become so aggressive? For a long time he Jews had been called upon to pay their temple tax with a special coin called the half shekle. It was a measured half ounce of pure silver with no mage of a pagan emperor on it. It was to them the only coin acceptable to God (actually to the Pharisees). But because there was only a limited number of these coins in circulation, the money changers were in a buyer’s market and like with anything else in short supply, they were able to raise the price to what the market would bear. They made huge profits with their monopoly n these coins and turned this time of devotion into a mockery for profit.  Yeshua-Joshua saw this as stealing from the people and proclaimed the whole setup to be "A den of thieves". Yeshua-Joshua’ exposing of the money hangers made him a target for them and their leader Caiaphas.
 
THE QURAN (THE READ):

 

Surah/Chapter 4, ayah/verses 153-161: hat they took usury though they were forbidden it, and through it devoured men’s substance wrongfully.” “You who believe, devour ot usury, doubled and multiplied; but fear God that you may prosper” 3-V130.

 

Chapter II verse 275: Those who devour usury will not stand except as stands one whom the evil one by his touch has driven to madness. That is because they say “Trade is like usury” but GOD has permitted trade and forbidden usury. Those who after receiving direction from their LORD desist shall be pardoned. For the past, their case is with GOD. But those who repeat the offence are companions of the fire (misery), hey will abide therein forever.

 

Chapter II verse 278: O you who believe! hear GOD and give up what remains of your demand for usury if you’re indeed believers.” “If the debtor is in a difficulty, grant him time ill it is easy for him to repay. But if you remit it by way of charity, that is best for you if you only realized it” C2-V280;

The Prophet Mohammad said around the beginning of the 7th century:


…”
A time will come upon people when almost everyone will eat from usury, to the extent that those who refrain from it will be exposed to its ‘dust’” I. Ma’ja, Tijara, 58; I. Hanbal, 2.494; Nasa’i, Buyu, 2).

 

The Prophet Mohammed's last sermon: "...Return the goods entrusted to you to their rightful owners. Hurt no one so that no one may hurt you. Remember that ou will indeed meet your LORD, and that HE will indeed reckon your deeds. GOD has forbidden you to take usury; therefore all interest obligations shall henceforth be waived. Your capital, however, is yours to keep. You will either inflict nor suffer any inequity..."
 
Sir Josiah Stamp, former President, Bank of England:


"
Bankers own the earth. Take it away from them, but leave them the power to create oney and control credit, and with a flick of a pen they will create enough to buy it back." 

Article I, Section 10, United States’ Constitution: 


No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” 

Article I, Section 8, United States’ Constitution.


The Congress shall have power...to coin money (and) regulate the value thereof.”
 
Representative Wright Patman, former Chairman of a house Banking Committee said:


"
The Federal Reserve Banks create money out of thin air to buy Government bonds...  The Federal Reserve Bank is a total money making machine." [they have the monopoly on counterfeiting money]
 
In 1913, before the Senate Banking and Currency Committee, Mr. Alexander stated:

 

"But the whole scheme of a Federal Reserve Bank with its commercial-paper basis is an impractical, cumbersome machinery; is simply a cover, to find a way to secure the privilege of issuing money and to evade payment of as much tax upon circulation as possible, and then control the issue and maintain, instead of reduce, interest rates.  It is a system that, if inaugurated, will prove to the advantage of the few and the detriment of the people of the United States. It will mean continued shortage of actual money and further extension of credits; for when there is a lack of real money people have to borrow credit to their cost."
 
Sentaor Nelson Aldrich (one of the co-conspirators of the 1913 Federal Reserve Act):

 

Before passage of this Act, the New York Bankers could only dominate the reserves of New York. Now, we are able to dominate the bank reserves of the entire country.
 
Former Federal Reserve Bank Chairman Eccles was asked by Patman:

 

"Mr. Eccles, how did you get the money to buy these two billion dollars of government bonds."


Mr. Eccles replied, "
We create it."

 

"Out of what?" Patman asked.

 

"Out of the right to issue credit money", i.e. out of nothing.

 

This right to create money out of thin air was given to the Private Federal Reserve Bank by a fraudulent act of Congress in 1913 known as the Federal Reserve Act, same fraud has been happening since the 17th century with the Private Bank of England and other banks. The FED issues Federal Reserve cheques redeemable as Federal Reserve Notes only with no liability to itself. The Fed is not subject to taxes and full audits. The local banks create credit money as well, but not private currency notes any more. Read later about how the most central banks are privately owned outright or de-facto. Mr. Marriner Eccles, who was Chairman of the board of Governors of the Federal Reserve System longer than any other man, testified before the Joint Economic Committee in August 1962. When Chairman Rep. Wright Patman asked whether it was not a fact that the Federal Reserve System has more power than either the Congress or the President, Eccles replied: "In the field of money and credit, yes."

 


A quote from a 1924 edition of the American Banker's Association Digest sums up what is currently happening:

 

Keep this in mind when you vote: "When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming imperialism to govern the World. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance." 
 
The creation of US dollars from nothing by the Federal Reserve is mirrored by the World/Bank IMF creation of SDRs (special drawing rights). It is estimated that the IMF has produced $30 billion dollars worth of SDR's so far. In the United States SDR's are already accepted as legal money, and all other member nations are being pressured to follow suit. With SDR's being partially backed by gold, a World gold standard is sneaking its way in through the back door, which comes with no objection from the money changers who now hold two-thirds of the Worlds gold and can use this to structure the Worlds economy to their further advantage.
 
Can there be any doubt what  Amsel (Amschel) Bauer Mayer Rothschild  meant in 1838 when he said:

 

Give me control of the economics of a country; and I care not who makes her laws. The few who understand the system, will either be so interested from its profits or so dependant on its favors, that there will be no opposition from that class”. 

His relative Nathan Rothschild said (1777-1836):

 

"I care not what puppet is placed on the throne of England to rule the Empire. The man who controls Britain's money supply controls the British Empire and I control the British money supply."

David Spangler, Director of Planetary Initiative, United Nations:


"No one will enter the New World Order unless he or she will make a pledge to worship Lucifer. No one will enter the New Age unless he will take a LUCIFERIAN Initiation."

Harold Wallace Rosenthal in 1976, a Zionist administrative assistant to Senator Jacob K. Javits of New York when asked "Do you have knowledge of WHEN and WHY the story began about the Jews being God's chosen people?" said in part: "Most Jews do not like to admit it, but our god is Lucifer -- so I wasn't lying -- and we are his chosen people. Lucifer is very much alive.” 

http://www.antichristconspiracy.com/HTML%20Pages/Harold_Wallace_Rosenthal_Interview_1976.htm . 
 
Dr. R.E. Search, “Lincoln Money Martyred”, Omni Publications Hawthorne, California. 1935 (Reprinted 1977): 

 

 “One penny loaned January 1st, AD 1, drawing interest at the rate of 6% compounded annually, on January 1st, 1895, would amount to: £8,498,840,000,000, 000,000,000,000,000,000,000,000,000,000,000.00. To pay this in gold at the rate of 1.5 grams of gold to the pound sterling, using it in spheres of pure gold the size of the planet earth, would take: 610,070,000,000,000,000  such spheres to pay the debt.

The Illuminati Banking dynasties create the money for the loan out of nothing, i.e. just because they were granted this power by fraudulent legislation which they bribed and maneuvered Kings and politicians into doing. They don’t create the money to pay the interest though. When the banks put your interest payments back into circulation by acquiring good and services, then debtors are able to repay the interest, i.e. we have to work for the bank to repay the interest! The only way to keep this system going is to have governments and people borrow more and more to create the money to pay the interest. A great way to stop this pyramid scheme from collapsing temporarily is to have wars which cause all sides in the conflict to borrow.

Retired US Army Colonel De Grandpre:

 

"The trigger for the 9-11 activity was the imminent and unstoppable Worldwide financial collapse which can only be prevented temporarily by a major war, perhaps to become known as World War III. To bring it off one more time, martial law will probably be imposed in the United States."


In 1910 US government debt stood at about $1 billion or about $12 per citizen.

 

Now, its about $15 trillion (all levels of government) or about $50,000 per citizen owed to the private owners of the Federal Reserve Bank. Government and corporate debt is inherited. Therefore, whenever we pay taxes or buy corporate products, we pay homage to the Illuminati owners of the private central banks because part of our money goes to pay interest to them on money which they created from nothing, through the power that was given to them by fraudulent legislation.  The total amount owed – by consumers, businesses, governments and financial institutions – totaled $34.4 trillion at the end of 2003, according to the Federal Reserve.  The economy produced $11.3 trillion of output. That makes the nation's debt triple its gross domestic product. In 1933, debt was about 2 1/2 times GDP, according to a study by the Gabelli Mathers mutual fund. In 1694, the English government’s debt to the private owned Bank of England was £1.25 million. In 1993, (11 years ago) the British taxpayers paid £24.5 billion alone in interest, more than twice that in the education budget! And who knows what the real figure is, since many things are kept secret. When this pyramid collapses, we would suddenly be in a very different World. In 1929, the stock market crashed, but the gold standard held. The monetary system held. Now, we are dealing with something that's more fundamental. The only precedent I know of is the Roman Empire collapse, which ended Roman currency. That was, of course, at a time when it took about a century and a half for the breakdown to spread through the empire; now it would take a few hours.

Buckminster Fuller:

 

"To expose a 15 Trillion dollar rip-off of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business.

Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982:

"The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations."

The 'Federal Reserve' is not federal and has unproven reserves. It is a private, for Profit Corporation. The majority owners are the trans-Atlantic Illuminati Bank Lords. Look in the phone book of any  city that has a 'Reserve Bank' such as San Francisco and you find the 'Federal Reserve' is listed not in the Blue government pages, but in the White pages, usually opposite the listing for Federal Express.  The name is a deception to lull the public into believing that it is actually run by their government, while the reality is that a group of European Trans-Atlantic nationals led by the Rothschild and Rockefeller dynasties has complete control of America's money supply. 

 

Also of note is the fact that America’s money was taken off the Gold Standard in 1933, on April 19th making America’s money completely FIAT, backed only by the government’s promise to tax you at WHATEVER rate is necessary to repay the loans on the bonds that it issues (It is noteworthy that April 19 was also the date of the failed TREASURY Dept.  raid in Waco, Texas in 1993; The federal takedown of the organization known as the Covenant Sword and Arm of the Lord occurred on April 19, 1985. This was exactly 8 years prior to the infamous Massacre at Mount Carmel Waco).
 
Lewis vs. United States, 680 F. 2d 1239, 9th Circuit 1982:

 

"The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations." 
 
Sen. Barry Goldwater (Rep. AR):

 

"Most Americans have no real understanding of the operation of the international money lenders.  The accounts of the Federal Reserve System have never been fully audited. It operates outside the control of Congress and manipulates the credit of the United States
 
Congressman Louis T. McFadden (Rep. Pa): "
The Federal Reserve banks are one of the most corrupt institutions the World has ever seen.  There is not a man within the sound of my voice who does not know that this nation is run by the International bankers.” 
 
Face this fact: The Fourth Estate is morally bankrupt just like the corrupt politicians and financial leaders for which they incessantly praise. Society is then trained to like those the media promotes and to dislike those that are demonized. Look at Oklahoma City bomber Timothy McVeigh; the media made great efforts to tie him with local militias, at the same time downplaying the fact that he was an ex-soldier that participated in the first Iraq Genocide. On the subject of patriots, the Battle of Lexington, which was the start of the War of Independence, commenced on April 19, 1775. The war was NOT fought due to high taxes on tea as you have been taught. It was fought for the reason of England passing a law preventing the Colonies from printing their own money (Colonial Scrip) which was interest & debt free and forcing the colonists to accept the English banker’s ‘debt money’ system through armed force backed by fraudulent legislation. Sounds familiar? Now, let’s go into some details on these startling discoveries!  What was the messiah Yeshua-Joshua (Yeshua/Issa) talking about? 
 
When he said around 30 BC or so …Yeshua-Joshua-Yeshua had quite a verbal scathing for the Pharisees (the priest-bankers-usurers who worked from the Temple in Jerusalem) who mislead ordinary Jews in Matthew 23. He exposed them for the sort of people they were:   "Hypocrites," "sons of hell," "blind guides," "fools," "full of robbery and self-indulgence," "whitewashed tombs...full of dead men's bones and all uncleanness," "full of hypocrisy and lawlessness," "partners with them in shedding the blood of the prophets," and "serpents and brood of vipers." 
  
 Notice that today’s churches are infiltrated  by the Bankers’ agents and the Bible’s injunction against usury and giving false measure is rarely preached and the  Vatican Bank of Rome itself earns  from usury; 

 
Bible Mat. 19:21-24:

 

A rich man asked Yeshua-Joshua (Yeshua), "What is required for eternal life?" Yeshua-Joshua replied, "Follow the commandments." The man told  Yeshua-Joshua that he had always kept the commandments  and wanted to know what else was required. Yeshua-Joshua then told him, "If thou wilt be perfect, go and sell that thou hast, and give to the poor, and thou shalt have treasure in heaven: and come and follow me". The man walked away very sad because he was wealthy. Yeshua-Joshua told His disciples, "And again I say unto you, it is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God (Yahweh)". In other words, money can tempt a person so much that it becomes his god!
 
 
Secret Societies and Subversive Movements, page 260-264:

 

“The ‘Illumines’ line of march is more prudent, more skillful, and consequently, more dangerous; instead of revolting the imagination by ideas of regicide, they affect the most generous sentiments: declamations on the unhappy state of the people, on the selfishness of courtiers, on measures of administration, on all acts of authority that may offer a pretext to declamations as a contrast to the seductive pictures of the felicity that awaits the nations under the system they (themselves) wish to establish, such is their manner of procedure, particularly in private. More circumspect in their writings, they usually disguise the poison they dare not proffer openly, under obscure metaphysics or more or less ingenious allegories. Often indeed texts from Holy Writ serve as an envelope and vehicle for these baneful insinuations...“  Ancient Rome/Babyon World’s Usury Capitals (Bank Of Rome circa 47 AC) 

Since Ancient Roman and Babylonian times usury – the lending of wealth at interest – has been one of the main causes of war and empire building.  

 

Nations such as Persia and Rome became great due to their massive debts incurred by borrowing money from wealthy nations. Later, unable to return the wealth, but rich and with great armies funded by this borrowed wealth, they soon realised a need to conquer these lending nations in order to nullify their debts. This was also the reason for the introduction of taxes, a global system which is in use right up to today. Today, most of the taxes go to pay the interest to the privately owned central banks whose owners created money out of nothing to lend to the governments. Another city that would play a major part in being a financial choke point for the World was established as The city of Londinium (The Crown) by the Romans on the north bank of the River Thames in around 50 AC. To this day, the financial square mile is run by the Bank of England (remember Bank Street).
 
Baron de Montesquieu, The Laws of Nations:

 

"As lending upon interest was forbidden by the Gabinian law between provincials and Roman citizens, and the latter at that time had all the money of the globe in their hands, there was a necessity for tempting them with the bait of extravagant interest, to the end that the avaricious might thus lose sight of the danger of losing their money. And as they were men of great power in Rome, who awed the magistrates and overruled the laws, they were emboldened to lend, and to extort great usury. Hence the provinces were successively ravaged by every one who had any credit in Rome: and as each governor, at entering upon his province, published his edict wherein he fixed the rate of interest in what manner he pleased, the legislature played into the hands of avarice, and the latter served the mean purposes of the legislator"

… "As soon as lending upon interest was forbidden at Rome, they contrived all sort of means to elude the law; and as their allies, and the Latins, were not subject to the civil laws of the Romans, they employed a Latin, or an ally, to lend his name, and personate the creditor. The law, therefore, had only subjected the creditors to a matter of form, and the public were not relieved". 
 
England’s King Edward VI (1547-1553) outlawed usury by Parliamentary decree. His reign was cut short because he opposed the moneylenders.

 

Later King James was murdered and King Charles I was beheaded and finally, the private Bank of England was chartered in 1694.

 

After the Battle of Waterloo, the Rothschilds managed to take ownership of the Bank of England from its former private owners.

 

It was a private venture under the House of Rothschild which has also maintained its influence since nationalization in 1947 when the Rothschilds received an immense amount of Fiduciary Bonds on which the nationalized Bank of England pays 12% forever and ever, so this is even better than owning it! Same thing for the Bank of France which was so called “nationalized” in 1946.
 
Thomas Jefferson: "... we must not let our rulers load us with perpetual debt...If we run into such debts as that we must be taxed in our meat and in our drink, in our necessities and comforts, in our labors and in our amusements, for our callings and our creeds...our people...must come to labor 16 hours in the 24, give the earnings of 15 of these to the government for their debts and daily expenses; and the 16th being insufficient to afford us bread, . . . We have no time to think, no means of calling the mis-managers to account; but be glad to obtain subsistence by hiring ourselves, to rivet their chains on the necks of our fellow sufferers.  Our land holders, too . . . retaining indeed the title and stewardship of estates called theirs, but held really in trust for the treasury, . . . this is the tendency of all human governments. A departure from principle becomes a precedent for a second; that second for a third; and so on, till the bulk of society is reduced to mere automatons of misery, to have no sensibilities left but for sinning and suffering...And the fore horse of this frightful team is public debt.  Taxation follows that, and in it's train, wretchedness and oppression." 
 
Benjamin Franklin said that the American war for Independence was fought over money and currency (like every war) and the right of the Colonies to issue their own usury free currency apart from the Bank of England:

 

"That is simple. In the Colonies, we issue our own paper money. It is called 'Colonial Scrip.' We issue it in proper proportion to make the goods and pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one."

"The refusal of King George to operate an honest colonial money system which freed the ordinary man from the clutches of the manipulators was probably the prime cause of the Revolution."

"The Colonies would gladly have borne the little tax on tea and other matters, had it not been that England took away from the Colonies their money, which created unemployment and dis-satisfaction."  (In a conciliatory letter to a friend after the American Revolution, "Bulletin", February 1989 & November 1991 issues, P.O. Box 986, Ft. Collins, CO 80522).

Instead of the interest free notes they  issued as evidence of debt to each  other, and which they used as a currency which will never multiply debt in proportion to the circulation, the colonists were required to use notes  issued by the Bank of England on  which they were required to pay interest.   Franklin reported, "Within a year, the poor  houses were filled. The hungry and homeless walked the streets everywhere." 
 
The private owners of the Bank of England in 1765 demanded that the American Colonies pay taxes in British specie or coins which the people did not possess (this is quite similar to the situation at the time of Yeshua-Joshua-Yeshua-Issa where the Pharisees sitting in the Synagogues demanded that the Jews pay their temple tax with a special coin called the half shekle which was in short supply). If they had borrowed from the Bank of England to pay the tax, the end result would have been the same: foreclosure and  bankruptcy with the Bank owning everything!! It's the same fatal bite of that old Serpent the Devil and Satan which deceiveth the whole World (Rev. 12:9).  No wonder that usury is called nashak or the bite of  a serpent in the Bible.
 
General Andrew Jackson said this about the private central bank called 2nd Bank of the U.S. which was re-chartered in 1816:

 

"YOU ARE A DEN OF VIPERS AND THIEVES. I INTEND TO ROUT YOU  OUT, AND BY THE ETERNAL GOD I WILL ROUT YOU  OUT."

 

And this heroic president did exactly as he promised.  He refused to renew the charter of the 2nd Bank  and it died an unnatural death in 1836. The  people were finally free of the Bank of England  alias the "Bank" of Rome until the Civil War began  in 1861 and the people were further enslaved when  the privately owned Federal Reserve was established  in 1913 (G. Edward Griffin said about the Fed that it  is a cartel operating against the public interest, it's  the supreme instrument of usury with the IRS acting  as the collector, it generates our most unfair tax  through inflation and bail outs, it encourages war,  it destabilizes the economy, it discourages private  capital formation, it cannot be fully audited, it does  not pay taxes and it generates enormous profits for  its owners.)
 
 
President Abraham Lincoln approached the banksters in order to finance the war. They wanted usury of 28%.   Lincoln refused to pay. In order to circumvent the banksters he issued $450,000,000 in GREENBACKS or  U.S. Notes. These GREENBACKS were non usury paying  notes and were backed by the credit of the nation. Of  course the banksters were furious. Had President Lincoln  lived and finished out his 2nd term he would have forever  closed the door to the malicious influence of the "Bank"  of Rome. On April 15, 1865, he fell a victim to the leaden  bullet of the assassin John Wilkes Booth — another tool  of the moneylenders!! In fact, 6 US presidents (William  Henry Harrison, poisoned, in 1841, Zachary Taylor,  Lincoln, Garfield, McKinley and John F. Kennedy 1963; 7 if we count FDR’s poisoning) were murdered because  of their opposition to private central banks who can  create interest-bearing money from nothing.
 
William Cobbett, the author of “Rural Rides” and MP in the reformed Parliament of 1832, wrote:

 

“I set to work to read the Act of Parliament by which the  Bank of England was created, and all the Acts  about loans, and funds, and dividends, and payings, and sinking funds and I soon began  to perceive that the fate of the Kingdom must  finally turn upon what should be done with that  accursed thing called the National Debt. The sum  at first borrowed was a mere trifle. The inventors  knew well what they were about. Their design was  to mortgage by degrees the whole of the country. .. to those who would lend money to the State. .. the deep scheme has from its ominous birth been  breeding usurers of every description, feeding  and fattening on the vitals of the country, till it has  produced what the World never saw before  - starvation in the midst of abundance!”

John D. Rockefeller in 1872 (later to become one of the owners of the Federal Reserve  Bank):

 

 "Among the early experiences  that were helpful to me that I recollect with  pleasure was one in working a few days for a  neighbour in digging potatoes—a very enterprising,  thrifty farmer, who could dig a great many potatoes.  I was a boy of perhaps thirteen or fourteen years  of age, and it kept me very busy from morning until  night. It was a ten-hour day. And as I was saving  these little sums I soon learned that I could get as  much interest for fifty dollars loaned at seven per  cent. — the legal rate in the state of New York  at that time for a year—as I could earn by  digging potatoes for 100 days. The impression  was gaining ground with me that it was a  good thing to let the money be my slave and  not make myself a slave to money" (Ida Tarbell,  History of the Standard Oil Co., p.41).

Napoleon Bonaparte:

 

“I was compelled to  proclaim laws against them for their usury, and  the peasants of Elace have rendered me their  thanks.”


From Usury by Wilfrid Price:

 

I hope  that I have proved beyond all possible doubt  that  the system of wis fraudulent;  that the people produce 
the real wealth through their farms, workshops,  factories, offices, transport, etc., i.e., the goods  and services in the shops and warehouses, yet  we have a parasitic group of banks and financial  houses that create money based on all this  real wealth and load the communities with huge  cheating debts created out of empty air. Does  it require much imagination to see that this  usury cripples the economy of the World as  a whole? Technically advanced nations are  continually held up from carrying out worthwhile  projects though there is plenty of man-power,  materials and equipment to do so. Can anyone argue that, if a thing is physically possible then it automatically should be financially possible?


However, the environment is being destroyed, especially in the Third World. Does anybody doubt that being able to create money out of nothing, as well as knowing everyone’s financial state gives the big banks tremendous  power? I hope the evidence I have given in this paper added to natural deduction shouldmake every reader certain about it. There is evidence that the banks are heading towards a World totalitarian state which is probably why they helped the political totalitarians,  Lenin and Hitler, to succeed. The Bankers have had some hundreds of years to learn how to hold on to power. They do it by their ability to keep in the background -to be the ‘power behind the throne’ in fact, though it has to be demonstrated to people in high places at times. They back opposing political factions and they get their agents into businesses, political parties, religious bodies, organisations like the Bilderberg Club, CFR, PNAC, Masons, trade unions, in fact in any sizeable body. In the British Parliamentary system the three parties have been well penetrated. Nobody who thinks would deny that the Tories are controlled by the City, but there is reason to believe that the same has happened with the Liberal Democrats and the Labour Party. The banks hold ‘Bilderberger’ meetings, so-called because they first took place at the Bilderberger Hotel in Holland. Tony Blair, Gordon Brown, and others in the Labour Party have attended them.

There is also the ‘Trilateral’ association between Bankers and governments, and one or two others. In short, in the Western states there is not real democracy, but plutocracies disguised as democracies and all going towards a World totalitarian system.


There is a policy to combat this evil. It is called Social Credit; this contends that every country should have full control over its own money system with the creation of credit solely exercised by public bodies responsible to the elected governments of each country.

In 1910 US government debt stood at about $1 billion or about $12 per citizen. Now, its about $15 trillion (all levels of government) or about $50,000 per citizen owed to the private owners of the Federal Reserve Bank. Government and corporate debt is inherited. 

Therefore, whenever we pay taxes or buy corporate products, we pay homage to the owners of the private central banks because part of the money goes to pay interest to them. 

The total amount owed – by consumers, businesses, governments and financial institutions – totaled $34.4 trillion at the end of 2003, according to the Federal Reserve. The economy produced $11.3 trillion of output. That makes the nation's debt triple its gross domestic product. In 1933,  debt was about 2 1/2 times GDP, according to a study by the Gabelli Mathers mutual fund. When this pyramid collapses, we would suddenly be in a very different World. In 1929, the stock market crashed, but the gold standard held. The monetary system held. Now, we are dealing with something that's more fundamental. The only precedent I know of is the Roman Empire collapse, which ended Roman currency. That was, of course, at a time when it took about a century and a half for the breakdown to spread through the empire; now it would take a few hours.

Richard Maybury:

 

“Washington...has become an alien city-state that rules America, and much of the rest of the World, in the way that Rome ruled the Roman Empire.”
More on Usury: Everything We Need to Know About Usury But Were Afraid to Find Out
 
REMEMBER, REAL OR FIAT MONEY DOES NOT CREATE GOODS & SERVICES. WORK CREATES GOODS & SERVICES!!! 
 
Usury is forbidden to Christianity.

 

The Islamic equivalent is "Riba."  Riba is forbidden to both the giver and taker.

 

Judaism forbids usury among Jews but preaches usury against the non-Jews.

 

Mayer Amschel Rothschild was prepared by his father to become a Rabbi. Ferociously, he deployed the teachings of unearned profit instead to multiply an embezzled fortune into the House of Rothschild — precursor to the modern,  World-wide network of central banks. The money changers of Christ's famous episode at the over-run Temple, practiced this ethic of unearned profit, and unfair trade. Fittingly, usury has been called, an abomination that makes desolation.  Hence the great historic, social, and religious significance of usury. The Jews forbade  the practice of usury within their own community, while they permitted it to be practiced against outsiders. This is one of the many instances of the Pharisees having altered the revelations in open rebellion against God. 
 
Under today’s usury system, new debt always exceeds the new money no matter how much or how little is borrowed, the total debt increasingly outstrips  the amount of money available to pay the debt. The people can never, ever get  out of debt! An example will show the viciousness of this usury-debt system with  its "built in" shortage of money. If $60,000 IS BORROWED at 14% for 30 years,  $255,931.20 MUST BE PAID BACK. However, and this is the fatal flaw in a usury  system, the only new money created and put into circulation is the amount of the  loan, $60,000. The money to pay the interest is NOT created, and therefore was  NOT added to "money in circulation." There is therefore no way all debtors can  pay off the money lenders. As they pay the principle and interest, the money in  circulation disappears. All they can do is struggle against each other, borrowing  more and more from the money lenders each generation. The money lenders  (Illuminati Bankers), who produce nothing of value, slowly, then more rapidly,  gain a death grip on the land, building, and present and future earnings of the  whole working population. 
 
Thomas A. Edison (New York Times, 6th December 1921):

 

"People who  will not turn a shovel of dirt on the project, nor contribute a pound of material,  will collect more money, from the United States, than will the people, who  supply all the material and do all the work. This is the terrible thing about  interest (usury) ... But here is the point: If the nation can issue a dollar  bond, it can also issue a dollar bill. The element that makes the bond good,  makes the bill good, also. The difference, between the bond and the bill, is  that the bond lets the money-broker collect twice the amount of the bond,  and an additional 20%. Whereas the currency, the honest sort provided by  the Constitution, pays nobody but those who contribute in some useful way.

"It is absurd, to say that our country can issue bonds, and cannot issue currency.  Both are promises to pay, but one fattens the usurer and the other helps the  people. If the currency issued by the people were no good, then the bonds  would be no good, either. It is a terrible situation, when the Government, to  insure the national wealth, must go in debt and submit to ruinous interest  charges, at the hands of men, who control the fictitious value of gold. Interest  is the invention of Satan." "If our nation can issue a dollar bond, it can issue  a dollar bill. The element that makes the bond good makes the bill good...    It is absurd to say that our country can issue $30,000,000 in bonds and not  $30,000,000 in currency. Both are promises to pay; but one fattens the  usurer, and the other helps the people." 
 
US Constitution:

"Congress shall have the power to coin money and  regulate the value thereof." This was written in the hope that it would  prevent "love of money" from destroying the Republic. "No State shall  enter into any treaty, alliance, or confederation; grant letters of marquee  and reprisal; coin money; emit letters of credit; make anything but gold  and silver coin a tender in payment of debts; pass any bill of attainder,  ex post facto law, or law impairing the obligation of contracts, or grant  many title of nobility." (Article I, Section 10) 
 
We shall see how subversion of Article I has brought on us misfortune of   Proverb 22:7, i.e. the borrowers have become the servants to the lenders.  Note that throughout history, people with hidden agendas have always  tried to confuse  usury with trading and slavery  with business.
 

T. David Horton, Chairman of the Executive Council of the Defenders  of the American Constitution, able Lawyer and keen student of basic  American history:

 

"Under the Constitution, the Congress has responsibility  of issuing the nation’s money and regulating its value Art. 1, Sec 8, Cl. 5  … enable the Congress to resume its Constitutional responsibilities to  regulate our nation's money by liberating our economy from the swindle  of the debt-money manipulators by the issuance of national currency in  debt fee form ... We have a certain amount of non-interest bearing  money in circulation, all of our fractional currency, pennies, nickels, dimes,  quarters, and half dollars. They are manufactured in our mints, and are  paid into circulation, circulate freely, and provide the government with a  valuable source of revenue. >From 1966 through 1970 the amount of  seignorage paid into the treasury by the mints amounted to in excess of  4 billion dollars; the profit ratio on this type of currency is 6 to 1, or currency  6 times the cost of production. The cost ratio for the private Federal   Reserve Notes is 600 to 1; however, during these same four years, 1986  through 1970, 50 billion dollars in Federal Reserve Notes were manufactured  by the bureau of printing and engraving and turned over to the banks;  not one cent in seignorage was paid over to the Treasury. ... Our Debt  money system compels the government to spend more than it takes in,  because this is the only way we can keep the economy going..."
 
Why is USURY FORBIDDEN? (Latin usus meaning "used" and the  word usuria which means demanding in return for a loan a greater  amount than was borrowed) There have been many leading figures  in history who have condemned usury and the power that goes  with it. Besides those quoted, there were Benjamin Franklyn,  Lord Acton, Ruskin, Dr Temple, (former Archbishop of Canterbury),  Augustus John, (the painter), Dr M.A. Phillips, (creator of M&B 693),  Professor Soddy, (the atomic physicist), and others. It often helps us  to understand something if we examine origins. Throughout recorded  history the practice of usury, along with the practice of giving false  measure, has been condemned. Aristotle and Plato in ancient  Greece denounced it as well as prophets in the Old Testament  and early Christians. Yeshua-Joshua, it should be remembered,  drove usurers out of the Temple in Jerusalem and this played a  part in bringing about his apparent crucifixion by the Roman Pharisee  King Pailatoos (Pilates). Buddhists have condemned it and the Quran  does so as well (and probably other religious and non-religious  books). While the old usurers at least lent their own money, the  modern ones, the Bankers, are able to create it out of nothing. 

St. Thomas Aquinas, the leading theologian of the Catholic  Church, argued charging of interest is wrong because it applies  to "double charging", charging for both the thing and the use of  the thing. Aquinas said that a lender charges for the loan by  requiring the loan to be paid back, in other words, the payback  for the loan is the charge for the loan. Any further charge is a  charge for using the loan. Aquinas said this would morally wrong  in the same way as if one sold a bottle of wine, charged for the  bottle of wine, and then charged for the person using the wine to  actually drink it (which is the de-facto transaction when you take the  loan and buy something with it).

Usury (in the original sense of any interest) is scriptually and doctrinally  forbidden in many religions. Judaism forbids a Jew to lend at  interest to another Jew.  It's forbidden in Islam. The most recent Catholic  teaching on usury is by Pope Benedict XIV in his Vix Pervenit   (http://papal-library.saint-mike.org/BenedictXIV/Encyclicals/Vix_Pervenit.html  )  from 1745 which strictly forbids the practice, though given the modern day  Catholic Church's own bank and investments in the banking industry, the prohibition has to be regarded as a dead letter. While Jewish law forbids  the charging of interest to another Jew, Jews are not forbidden to  charge interest on transactions to non-Jews. Throughout history, the  interest attached to loans by Jews to non-Jews is widely considered to  have been a central issue in causing a perception of usury, and  contributing to a climate of anti-Semitism. Allegations of usury have  been one factor leading to forceful confiscations of property and discrimination  against Jews in business practice.

 

Ethnic-based distinctions surrounding  the application of interest charges are often perceived as pronounced,  discriminatory and unjust, and can inflame existing ethnic divisions.   Usury and giving false measure has been denounced by almost every  major spiritual leader and philosopher of the past three thousand years. Plato, Aristotle, Cato (De Re Rustica), Cicero, Seneca, Plutarch, Aquinas, Yeshua-Joshua, Moses and Muhammad are just a few.

 

Biblical Injunctions Against Usury (sample):


Exodus 22:25 If thou lend money to any of my people that is poor by  thee, thou shalt not be to him as an usurer, neither shalt thou lay upon  him usury.

Leviticus 25:36 Take thou no usury of him, or increase: but fear thy  God; that thy brother may live with thee.

Leviticus 25:37 Thou shalt not give him thy money upon usury, nor  lend him thy victuals for increase.

Deuteronomy 23:19 Thou shalt not lend upon usury to thy brother;  usury of money, usury of victuals, usury of any thing that is lent upon  usury:

Deut. 23:20: Unto a stranger thou mayest lend upon usury; but  unto thy brother thou shalt not lend upon usury: that the LORD thy  God may bless thee in all that thou settest thine hand to in the land  whither thou goest to possess it.

Deut. 28:44-45: "The stranger that is within thee shall get up  above thee very high, and thou shalt come down very low. He shall  lend to thee, and thou shalt not lend to him; he shall be the head,  and thou shalt be the tail."

Proverbs 22.7: "The rich [usurers] rule over the poor, and the  borrower is servant to the lender." Prophet Solomon’s words

Rev. 12:9: “It's the same fatal bite of that old Serpent the Devil  and Satan which deceiveth the whole World”

Matthew 25:27 Thou oughtest therefore to have put my money  to the exchanges, and then at my coming I should have received  mine own with usury.

Nehemiah 5:7 Then I consulted with myself, and I rebuked the  nobles, and the rulers, and said unto them, Ye exact usury, every  one of his brother. And I set a great assembly against them.

Nehemiah 5:10 I likewise, and my brethren, and my servants,  might exact of them money and corn: I pray you, let us leave off this usury.

Psalm 15:5 He that putteth not out his money to usury, nor taketh  reward against the innocent. He that doeth these things shall never be  moved.

Proverbs 28:8 He that by usury and unjust gain increaseth his  substance, he shall gather it for him that will pity the poor.

Isaiah 24:2 And it shall be, as with the people, so with the priest;  as with the servant, so with his master; as with the maid, so with her  mistress; as with the buyer, so with the seller; as with the lender, so  with the borrower; as with the taker of usury, so with the giver of  usury to him.

Jeremiah 15:10 Woe is me, my mother, that thou hast borne me a  man of strife and a man of contention to the whole earth! I have  neither lent on usury, nor men have lent to me on usury; yet every one of them doth curse me.

Ezekiel 18:8 He that hath not given forth upon usury, neither hath  taken any increase, that hath withdrawn his hand from iniquity,  hath executed true judgment between man and man,

Ezekiel 18:13 Hath given forth upon usury, and hath taken increase:  shall he then live? he shall not live: he hath done all these abominations;  he shall surely die; his blood shall be upon him.

Ezekiel 18:17 That hath taken off his hand from the poor, that hath  not received usury nor increase, hath executed my judgments, hath  walked in my statutes; he shall not die for the iniquity of his father,  he shall surely live.

Ezekiel 22:12 In thee have they taken gifts to shed blood; thou hast  taken usury and increase, and thou hast greedily gained of thy  neighbors by extortion, and hast forgotten me, saith the Lord GOD.

 


Quranic Injunctions Against Usury (sample):


Al-Baqarah 2:275 Those who charge usury are in the same position  as those controlled by the devil's influence. This is because they claim  that usury is the same as commerce. However, God permits commerce,  and prohibits usury. Thus, whoever heeds this commandment from his  Lord, and refrains from usury, he may keep his past earnings, and  his judgment rests with God. As for those who persist in usury, they  incur Hell, wherein they abide forever

Al-Baqarah 2:276-280 God condemns usury, and blesses charities.  God dislikes every disbeliever, guilty. O you who believe, you shall  observe God and refrain from all kinds of usury, if you are believers.  If you do not, then expect a war from God and His messenger. But  if you repent, you may keep your capitals, without inflicting injustice, or incurring injustice. If the debtor is unable to pay, wait for a better time. If you give up the loan as a charity, it would be better for you, if you only knew.

Al-Imran 3:130 O you who believe, you shall not take usury,  compounded over and over. Observe God, that you may succeed.

Al-Nisa 4:161 And for practicing usury, which was forbidden,  and for consuming the people's money illicitly. We have prepared  for the disbelievers among them painful retribution.

Al-Rum 30:39 The usury that is practiced to increase some people's wealth, does not gain anything at God. But if you give to charity, seeking God's pleasure, these are the ones who receive their reward many fold.


Why are usury and giving false measure forbidden (productive and unproductive)?

·          It causes the never ending alternation  of inflation and deflation  created when credit money is expanded or contracted for non-productive use.   It causes people to fight to catch up to inflation. It increases the burden of debt when it is allowed to contract.  The "inflation" benefits the private money-lenders since it wipes out savings of one generation so they can not finance or help the next generation who must then borrow from the money-lenders and pay a large part of their life's labor to the usurer. When the savings are gone and people are in debt, then credit and currency are contracted to increase the purchasing power that people must earn and pay to their creditors.


·          
It makes people & companies compete for money instead of competing for markets and resources.


·          
It encourages greed and fear of scarcity (in fact, the job of the central banks is to create and maintain that currency scarcity) and the direct consequence is that we have to fight with each other in order to survive.  Money is created when banks lend it into existence. When a bank provides you with a $100,000 mortgage, it creates only the principal, which you spend and which then circulates in the economy. The bank expects you to pay back $200,000 over the next 20 years, but it doesn't create the second $100,000 - the interest. Instead, the bank sends you out into the tough World to battle against everybody else to bring back the second $100,000. 
 
·          
It creates losers and winners, just like gambling and lotteries.  Some have to default on their loan in order for others to get the money needed to pay off that interest. Increased interest costs automatically determine a larger proportion of necessary bankruptcies. So when the bank verifies your "creditworthiness," it is really checking whether you are capable of competing and winning against other players - able to extract the second  $100,000 that was never created. And if you fail in that game, you lose your house or whatever other collateral you had to put up.
 
·          It influences the unemployment rate and creates unemployment.
 
·          
It encourages hoarding and creates Tyrants who want to control  the issue of money on which they can demand interest for ever.  Today's official monetary system has almost nothing to do with the  real economy. Just to give you an idea, 1995 statistics indicate that  the volume of currency exchanged on the global level is $1.3 trillion  per day. This is 30 times more than the daily gross domestic product (GDP) of all of the developed countries (OECD) together. The annual GDP of the United States is turned in the market every three days! Of  that volume, only 2 or 3 percent has to do with real trade or investment; the remainder takes place in the speculative global cyber-casino. This means that the real economy has become relegated to a mere frosting on the speculative cake, an exact reversal of how it was just two decades ago.

·          It creates monetary crises. For one thing, power has shifted irrevocably away from governments toward the financial markets. When a government does something not to the liking of the market - like the British in '91, the French in '94 or the Mexicans in '95 - nobody sits down at the table and says "you shouldn't do this." A monetary crisis simply manifests in that currency. So a few hundred people, who are not elected by anybody and have no collective responsibility whatsoever, decide what your pension fund is worth - among other things.


·         
 It creates crashes. George Soros, who's made part of his living doing what I used to do - speculating in currencies - concluded, "Instability is cumulative, so that eventual breakdown of freely floating exchanges is virtually assured." Joel Kurtzman, ex-editor at the Harvard Business Review, entitles his latest book: The Death of Money and forecasts an imminent collapse due to speculative frenzy. Just to see how this could happen: all the OECD Central Banks' reserves together represent about $640 billion. So in a crisis situation, if all the Central Banks were to agree to work together (which they never do) and if they were to use all their reserves (which is another thing that never happens) they have the funds to control only half the volume of a normal day of trading. In a crisis day, that volume could easily double or triple, and the total Central Bank reserves would last two or three hours. In 1929, the stock market crashed, but the gold standard held. The monetary system held. Here, we are dealing with something that's more fundamental. The only precedent I know of is the Roman Empire collapse, which ended Roman currency. That was, of course, at a time when it took about a century and a half for the breakdown to spread through the empire; now it would take a few hours. 
 
·          
It encourages people to store value in money and let the money grow instead of working, and it concentrates the wealth into the hands of the issuer of money, i.e. the Banking Dynasties. In a non-interest money system where money would be created and issued by the sovereign government debt-free and interest-free, people would only use money as a medium of exchange and not as a store for value. That would create work, because it would encourage circulation, and it would invert the short-term incentive system. Instead of cutting trees down to put the money in the bank and make the money grow with interest, you would want to invest your money in living trees or in installing insulation in your house.
 
·          
It encourages harmful economic activities with discounted cash flows.   That means that under our current system it makes sense to cut down trees and put the money in the bank; the money in the bank will grow faster than trees. It makes sense to "save" money by building poorly insulated houses because the discounted cost of the extra energy over the lifetime of the house is cheaper than insulating. We can, however, design a monetary system that does the opposite; it actually creates  long-term thinking through what is called a "demurrage charge." T In  other words, we create a negative rather than a positive interest rate. What would that do? If I gave you a $100 bill and told you that a month  from now you're going to have to pay $1 to keep the money valid, what  would you do? I suppose I would try to invest it in something else. You  got it. You know the expression, "Money is like manure; it's only good  when it's spread out." In the Gesell system, people would only use money  as a medium of exchange, but not as a store for value. That would create  work, because it would encourage circulation, and it would invert the  short-term incentive system. Instead of cutting trees down to put the  money in the bank, you would want to invest your money in living trees  or installing insulation in your house.


·        
  It reduces the quality of life. There are many examples in the past of  interest-free societies in ancient Egypt, Mandarin China, Saxon Europe,  Saracen Islamic empire, 1935 Germany, etc. Recent studies have revealed  that the quality of life for the common laborer in Europe was the highest  in the 12th to 13th centuries; perhaps even higher than today. When  you can't keep savings in the form of money, you invest them in  something that will produce value in the future. So this form of money  created an extraordinary boom. 
 
·          It creates inequalities and breakdown in communities, which create  tensions that result in violence and wars. 
 
·          It encourages wars. The private owners of the central banks  provide loans for wars and collect huge amounts of interest.


·          It works to concentrate wealth towards an elite group of multinational  investors. Trade treaties, the IMF and World Bank were aimed at  defrauding Third World countries so that the markets and banks of  the First World countries could survive via economic expansion and  debt transference. Most of the World’s countries have a lower standard  of living than 20 years ago!


·         
 It’s a giant pyramid scheme with the Illuminati Banking dynasties  at the top, then the World's Masses at the  bottom! Nations borrow Special Drawing Right (SDR) from the International  Monetary Fund in order to pay interest on their mounting debts. With  these SDR's produced at no cost, the IMF charges more interest. This,  contrary to bold claims, does not alleviate poverty or further any development.

        It creates a steady flow of wealth from borrowing nations to the  money changers who now control the IMF and the World Bank. The  permanent debt of Third World Countries is constantly being increased  to provide temporary relief from the poverty being caused by previous  borrowing. These repayments already exceed the amount of new loans.   By 1992 Africa's debt had reached $290 billion dollars, which is two and  a half times greater than it was in 1980. A noble attempt to repay it has  caused increased infant mortality and unemployment, plus deteriorating  schools, and general health and welfare problems. If a country cannot  pay, its natural resources and other assets are sold off the pay the  interest to the Illuminati Bankers. As World resources continue to be  sucked into this insatiable black hole of greed, if allowed to continue  the entire World will face a similar fate. As one Prominent Brazilian  Politician put it. "The Third World War has already started. It is a  silent war. Not, for that reason, any less sinister. The war is tearing  down Brazil, Latin America, and practically all the Third World.   Instead of soldiers dying, there are children. It is a war over the  Third World debt, one which has as its main weapon, interest, a  weapon more deadly than the atom bomb, more shattering than  a laser beam." It is estimated the IMF has produced $30 billion  dollars worth of SDR's so far. In the United States SDR's are  already accepted as legal money, and all other member nations  are being pressured to follow suit. With SDR's being partially  backed by gold, a World gold standard is sneaking its way in  through the back door, which comes with no objection from the  money changers who now hold two-thirds of the Worlds gold  and can use this to structure the Worlds economy to their further  advantage.


·          
It encourages lies, deceptions, fake-terror and propaganda by  the Illuminati Bankers who want to protect their cash cow.   To  maintain and move forward with their cash cow, they have to project  deceptive fronts of capitalism, democracy, religion and anti-Semitism  behind which they carry out their plans (Orwellian tactics from the  book “1984”). G. Edward Griffin explains (details later in several  sections of this book) how the owners of the privately controlled  central bank known as the US Federal Reserve use their power to  create money tax-free and use their unauditable profits to acquire  control over the power centers of society, i.e. those groups and  institutions through which individuals live and act and rely on for  their information. They are buying control over the organizations,  groups and institutions that control people, politicians, political  parties, television networks, cable networks, newspapers, magazines,  publishing houses, wire services, motion picture studios, universities,  labor unions, church organizations, trade associations, tax-exempt  foundations, multi-national corporations, boy scouts, girl scouts, you  name it, and particularly over those organizations that represent  opposition to themselves. This process has gone on not only to a  marked degree in America and in the other industrialized nations  of the World, but it has gone on in the underdeveloped nations to  such a degree that we would say the process is now complete. They  own these countries already. The money goes to the politicians of  those countries, to their governments and the money is spent to strengthen their power structures, their ability to control their  populations. They create a well-equipped army (note the $30 billion  for hiring mercenaries to train the new armies in Afghanistan and  Iraq), a better bureaucracy, for total control of their subjects. That's  where the money's being spent.
 
Horace Greely 1811-1872: "While boasting of our noble deeds, we  are careful to control the ugly fact that by an iniquitous money system,  we have nationalized a system of oppression which, though more  refined, is not less cruel than the old system of chattel slavery."
 
If the money is issued by a privately owned corporation, its owners  benefit by causing the money amount and its value to fluctuate and  causing the people to go into debt and pay interest permanently  through taxes. Under the present debt-usury system, the extra  burden of usury forces workers and businesses to demand more  money for the work and goods to pay their ever increasing debts  and taxes. This increase, in prices and wages and taxes, is called  "inflation". Illuminati Bankers, politicians and "economists" blame  it on everything, but the real cause is the usury levied on money  and debt by the Illuminati Bankers. This "inflation" benefits the  money-lenders since it wipes out savings of one generation so  they can not finance or help the next generation who must then  borrow from the money-lenders and pay a large part of their life's  labor to the usurer. With an adequate supply of interest-free money  created by the sovereign Government, little borrowing would be required,  and prices would be established by people and goods, and not by  debts and usury.
 
The financial system that the World has evolved on is the privately  owned Bank of England USURY model and it is not sustainable. It  creates nearly all money as debt. Such money only exists as long  as someone is willing and able to pay interest on it. It disappears,  wholly or partially, in recurring financial crises. Such a system  requires that new debt must be created faster than principal and  interest payments fall due on old debt. A sustainable financial system  would enable the real economy to be maintained decade after  decade and century after century at its full employment potential  without recurring inflation and recession. By this standard, a financial  system that creates money only through the creation of debt is  inherently unsustainable. When a bank makes a loan, the principal  amount of the loan is added to the borrower's bank balance. The  borrower, however, has promised to repay the loan plus interest  even though the loan has created only the amount of money  required to repay the principal-but not the amount of the interest.

Therefore unless indebtedness continually grows it is impossible  for all loans to be repaid as they come due. Furthermore, during  the life of a loan some of the money will be saved and re-lent by  individual bond purchasers, by savings banks, insurance  companies etc. These loans do not create new money, but they  do create debt. While we use only one mechanism-bank loans-to  create money, we use several mechanisms to create debt, thus  making it inevitable that debt will grow faster than the money with  which to pay it. Recurring cycles of inflation, recession, and  depression are a nearly inevitable consequence. If, in the attempt  to arrest the price inflation resulting from an excessive rate of debt  formation, the monetary authorities raise the rate of interest, the  result is likely to be a financial panic. This in turn may result in a sharp  cutback in borrowing. Monetary authorities respond to bail out the  system by increasing bank reserves. Governments may also respond  by increasing the public debt-risking both inflation and growing  government deficits. Let's keep something in mind while reading  this folks, increasing the money supply is not in and of itself a bad  thing. However, the way the Fed does it is ridiculous. First of all every  dollar introduced into the economy is based on debt! New money  cannot be created unless new debt is created. Second of all, the  Fed year after year increases the money supply greater than the  output of the economy.

 

Let's say the economy grows by 3% in one year. The money supply should then grow by 3% in order to not have  deflation. Does the government increase the money supply by 3%?


Nope, it increases the money supply by 4-6%. That extra 1-3% is  money that comes right out of your monetary assets’ purchasing  power, a hidden tax. This is why there has been a total of 1500%  inflation since the Federal Reserve was established in 1913. Keep  in mind this is LONG TERM inflation I am talking about. Not short term  inflation, which can be caused by market forces. I think short term  inflation is a smokescreen for the cause of long term inflation as they  can easily be confused by the common man. 
 
Laurence Ball, assistant professor of economics at Princeton University  and a visiting scholar in the Research Department of the Philadelphia Fed: While economists disagree about many issues, there is near  unanimity about this one: continuing inflation occurs when the rate of  growth of the money supply consistently exceeds the rate of growth  of output (of the economy). From: What causes inflation?  (
http://www.econ.ohio-state.edu/hineline/econ520/ball.pdf). Money  loses its value when it is created and put into circulation (spent) faster  than the growth in productivity in the local economy (versus just  being created and held as a reserve).
 
Churchill to Lord Robert Boothby: "Germany's unforgivable crime  before the second World war," Churchill said," was her attempt to  extricate her economic power from the World's trading system and  to create her own exchange mechanism which would deny World  finance its opportunity to profit.", quoted in the Foreword, 2nd Ed.   Sydney Rogerson,
Propaganda in the Next War 2001, orig. 1938. 
[A bit like what Iran will be doing soon with its bourse] 
 
A few pence lent out at usury some twenty centuries ago would  amount now, at compound interest, to more wealth than there is  in the whole World, which is a sufficient proof that usury is unjust  and, as a permanent trade method, impossible. The large proportion  of usurious payments which are now being made on account of the  impersonal and indirect character of nearly all transactions, is beginning  to lay such a burden upon the World as a whole that there is danger  of a breakdown as the loans were made for unproductive purposes  (such as wars) and created no new wealth. If you keep on taking  wealth as though from an increase, when really there is no increase  out of which that wealth can come, the process must sooner or later,  come to an end. It is as though you were to claim a hundred bushels  of apples every year from an orchard after the orchard had ceased  to bear, or as though you were to claim a daily supply of water from  a spring which had dried up. The man who would have to pay the  apples would have to get them as best he could, but by the time the  claim was being made on all the orchards of the World, by the time  that usury was asking a million bushels of apples a year, though  only half a million were being produced, there would be a jam. The  interest would not be forthcoming, and the machinery for collecting  it would stop working. Long before it actually stopped of course,  people would find increasing difficulty in getting their interest and  increasing trouble would appear in all the commercial World.
 
Now that is exactly what is beginning to happen after about two  centuries of usury and one century of unrestricted usury. So far we  have got out of it by all manner of makeshifts. Those who have borrowed the money and have promised to pay, say, 5 per cent., are allowed to change and to pay only 2.5 per cent. Or, by the process of debasing currency, which I described earlier in this book, the value of the money is changed, so that a man who has been set down to pay, say, a hundred sheep a year, is really only paying 30 or 50 sheep a year. A more drastic method is the method of writing off loans altogether simply saying: "I simply cannot get my interest, so I must stop asking for it." That is what happens when a Government goes bankrupt, as the Government of Germany had done. If you look at the usury created by the Great War (1914), you will see this kind of thing going on all sides. The Governments that were fighting borrowed money from individuals and promised to pay interest upon it. Most of that money was not used productively: It was used for buying wheat and metal, and machinery and the rest, but the wheat was not used to feed workmen who were producing more wealth. It was used to feed soldiers who were producing no wealth, and so were the ships and the metal and the machinery, etc. Therefore when the individuals who had lent the money began collecting from the Government interest upon what they had lent they were asking every year for wealth which simply was not there, and the Governments have got out of their promise to pay a usurious interest in all sorts of ways - some by repudiating, that is, saying that they would not pay (the Russians have done that), others by debasing currency in various degrees. The English Government has cut down what it promised to pay to about half, and by taxing this it has further reduced it to rather less than a third. The French Government, by inflation and by taxation have reduced it much more - to less than a fourth, or perhaps more like a sixth or an eighth. The Germans have reduced it by inflation to pretty well nothing, which is the same really as repudiating the debt altogether. So what we see in a general survey is this:
 

1. Usury is both wrong morally and bad for society, because it is  the claim for an increase of wealth which is not really present at  all. It is trying to get something where there is nothing out of which  that something can be paid.

2. This action must therefore progressively and increasingly soak  up the wealth which men produce into the hands of those who  lend money, until at last all the wealth is so soaked up and the  process comes to an end.

3. That is what has happened in the case of the modern World,  largely through unproductive expenditure on war, which expenditure  has been met by borrowing money and promising interest upon it  although the money was not producing any further wealth.

4. The modem World has therefore reached a limit in this process  and the future of usurious investment is in doubt.
 
Though these conclusions are perfectly clear, it is unfortunately  not possible to say that this or that is a way out of our difficulties;  that by this or that law we can stop usury in the future and can  go back to healthier conditions. Trade is still spread all over the  World. It is still impersonal and money continues to be lent out  at interest unproductively, with the recurring necessity of repaying  the debt and failing to keep up payments which have been promised.


 

Things will not get right again in this respect until society becomes  as simple as it used be, and we shall have to go through a pretty  bad time before we get back to that. What about that "holiday of  a lifetime, thanks to a bank loan", or "those presents, bought with a credit card", or "your new car, bought on installments", or "your  nice home, with the 25 year mortgage"? All Usury. Shocked? Think  about this: that it was calculated that as recently as 1989, the  average person was spending nearly 80% of his income, directly  or indirectly, on usurious payments. In other words our society is  in the grip of an evil that has been condemned from the earliest  recorded times.  Today it is in a form so refined that most people  do not even know it. Does being anti-usury mean, therefore, that  we cannot own houses, or buy toys for children, or go on holiday   or do the 1001 things that all do regularly? Not at all. It is quite the  reverse, because in a system free of usury, prosperity grows and  expands to the benefit of all - except bankers, and Stock Exchange  swindlers, and loan sharks, and speculators. In other words, a  usury-free society is one in which 99% of the people gain at the  expense of the 1% who exploit; while a usury-dominated society  means working for the interests of the 1%, and suffering all kinds  of hardships to make ends meet.


What is this "national debt" of which we often hear, but know  little about? Has it ever occurred to you that it is found to be  unusual to have a national debt when you study history? Did  you know that from 1931 until 1974 Portugal had no national  debt at all because it followed, between those dates, a usury-free  system? The National Debt is largely government debt built up  over the centuries because of usury. At any given time some  90% or more of the debt is usurious. Take, for example, the  War loans raised by the British government during the First  World War to finance those battleships which were lost in the  Battle of Jutland in 1916 - eighty years on we are still paying  interest to the Rothschild Dynasty bankers who supplied most  of the 'money'. Or what about the fact that our taxes are still  paying a European banking family interest on a loan of a few  thousand pounds to the government for a war fought in the  18th century? So if you have ever wondered why services  are being cut back, or why taxes, direct and indirect, are constantly  taking money out of your purse, or why there is no investment  capital available for small and medium sized businesses, look no  further. The answer lies in the fact of usury. But no political figure,  and no journalist, and no "truth-seeker" is prepared to say the  word, because he knows it would be the end of his career.   Why? Because when you grasp the essential message of usury  - which involves the creation of money from nothing - and how  it works in the modern World, you will understand that booms  and depressions, and inflation and deflation, are not freak events,  but events that can be socially engineered and scientifically  predicted, caused by a handful of mega-financiers. 

Why will no one speak out? Quite simply, fear.  Ask any of your  friendly bank managers over the age of 60, who remember the  times when the true meaning of usury was still known in certain  quarters, about the subject of usury, and you will see fear enter  the face of a man who only seconds earlier looked so powerful  across his leather-topped desk. Fear for career, for his family and their future. Yes, the truth is known, but who is going to be  David against the Goliath that usury has become? Or do we have  to wait until Goliath falls over once his weight has become too  much to bear? In that case we will have to put society together  again - and how much pain, suffering, misery, and death will that  necessitate?  And will it even be possible? Maybe all this is  exaggerated? Maybe the figures show differently? All right,  let's look at the figures. In 1980, according to Nobel Prize Winner for Economics, Maurice Allais, the Foreign Exchange  Market registered $94 trillion. That means in simple terms  - money making money, financialspeculation, usury. By 1986  this had risen to $193 trillion. So in just six years it has almost  doubled in volume. But then look in 1989, just three yearslater  - it has become $420 trillion. In other words, in just nine  years - and you remember the 1980's, don't you, when it was  "time to get tough", andinstitute "austerity programs" to curb  public spending, and mortgage interest rates went up to 20%  - by that time the money markets, the focus of international  usury, had grown by well over 400%. Note, too, that the rate  of increase of speculation is growing ever more rapidly.   Between 1980 and 1986 it grew by nearly 100%, yet in half  that time - 1986-1989 - it has grown by over 200%.

Yet when we look at international trade during the same  nine-year period - that is, the distribution and exchange of  real goods and services - we find that they have grown  from $7.6 billion to just $12.4 billion - not even doubled. So  usury is growing both in volume and proportion, while real  trade is declining in proportion.

 

The explanation is simple. 

Why bother going to the trouble to have a good idea,  plan it, test it, bring it to production, market it, sell and  transport it, when you can make vast sums, beyond your  wildest dreams, sitting in front of a computer screen and  playing the casino known as the currency and derivatives markets?

 

Home  Rule for BC adds that speculation in money is becoming  known as "stratospheric money", for a couple of reasons  - it moves around the World in a flash, and it is high up  out of the reach of the ordinary person.

 

So who is  responsible?  The governments? 

 

Yes, because they should  protect their people. But in today's system the Bank of  England, The Bundesbank, Banca Italia, and the Federal  Reserve, are no more under the control of their respective  governments than is the weather on Jupiter.

 

What proof? 

 

Well, here are three examples.

 

First, this in one of France's  largest newspapers, Le Figaro, 10 Feb 90, about the  German Bundesbank:

 

"The mission of the German  Central Bank is a classical one, but its organisation is  unique. Its governing body, all-powerful, is not  answerable to Parliament or to the government."  

 

Secondly, this, published by the Federal Reserve  system:

 

"Congress set up the Federal Reserve in  1913. But Congress does not control it, and neither  does the President of the United States." Thirdly, this,  from Italian television: "When the Bank of Italy raised  the interest rate in the country by 0.5%, the President  of Italy went on television to tell the people that the hike  had been against his wishes and those of his government,  and that the Bank was seeking its own good, not that of  Italy." [Home Rule for BC adds a fourth example. The Canadian  government is allowed no voting member on the Board of  the Bank of Canada.]

Clearly, the men who control the banks effectively control  the World - private individuals "creating" or "uncreating"  money as they see fit, following whatever suits their interests,  and without a thought for society as a whole. Heads they  win, and tails you lose. Well, we’ve seen now several  ways that the central banks are just acting in the interest  of the Illuminati Banking dynasties, regardless of whether  they are fully private, semi-private or government owned.

If the money is issued by a privately owned corporation,  its owners benefit by causing the money amount and its  value to fluctuate and causing the people to go into debt  and pay interest permanently through taxes. Under the  present debt-usury system, the extra burden of usury  forces workers and businesses to demand more money  for the work and goods to pay their ever increasing debts  and taxes. This increase, in prices and wages and taxes,  is called "inflation". Illuminati Bankers, politicians and  "economists" blame it on everything, but the real cause  is the usury levied on money and debt by the Illuminati  Bankers. This "inflation" benefits the money-lenders since  it wipes out savings of one generation so they can not  finance or help the next generation who must then  borrow from the money-lenders and pay a large part of  their life's labor to the usurer. With an adequate  supply of interest-free money created by the sovereign  Government, little borrowing would be required, and prices  would be established by people and goods, and not by  debts and usury.


Major wars/financial panic/depression/famine traced to insidious influence of usury banking

President James Madison:


"History shows that the money changers have used  every form of abuse, intrigue, deceit and violent means  possible to maintain control over governments by  controlling the money and the issuance of it."


War Cycles, Peace Cycles.: Richard  Hoskins dropped a bomb on the literary world in 1985 with 
the publication of his book, "War Cycles, Peace Cycles."
  www.richardhoskins.com

The book was so poignant and controversial that references  to it were made in nearly every major newspaper from  coast to coast at the time, and its message was vilified  especially by the banking community. Efforts at first  lambasting, then later suppressing this work (when it  became evident that the public was intrigued by its  message) were the order of the day when the book  first shocked readers in the mid 1980s. Since that time  the book has undergone numerous printings, with the  last print run in 1991 being snapped up by a large,  unidentified consortium which took the books off the  market. Repeated attempts by this writer at locating a  copy of this seminal work came up short every time  until recently. Much to my surprise and delight I discovered  that another print run was made of Hoskins' classic book  in 2000, the first re-publication in nearly a decade. I  read every page voraciously and loved every morsel.   I felt compelled to share this information with Gold-Eagle  readers since no other book I've encountered comes  close to isolating the root of our modern-day economic  problems than this one, and none offer more practical  and effective solutions than Hoskins. 

According to Hoskins, every major war, financial panic, economic  depression, and famine in recorded history can be traced to  the insidious influence of usury banking. Moreover, these  devastating events recur with cyclical regularity that can be  charted and predicted. While natural, geo-cosmic influences  may account in part for these cyclical occurrences, Hoskins  maintains that they are mostly attributable to central banking  influences. Starting with this premise, Hoskins takes the  reader on a journey that winds its way through nearly 4,000  years of history to our present day all within the short space  of 300 pages. All along the way the presence of usury  banking makes its appearance. For instance, Hoskins points  out that history records the first known use of credit-or  IOUs-is created from nothing is found in the ancient ruins  of Babylon and perfected by the priests of Baal. The whole  concept of usury, or of lending money with interest, invented  at that time remains unchanged today. Hoskins boils it down  to lending 10 talents of money and demanding payment of  11 talents when there are only 10 talents in circulation.  Usury contracts drawn up then stated that the borrower  was to pay his debt in "talents" only, but the problem is  and always has been that the central bank-created money  supply is always finite while compound interest is  theoretically infinite. Little has changed since then, Hoskins  says, as today's high priests of finance are the world's  central banks sitting in their temples of mammon, the modern  progeny of the money-lending priests of Baal.

Hoskins refers continually to the ancient common law prohibition  against usury while painting his sordid picture of the history  of the effects of usury upon any given nation. He catalogs  an extensive list of biblical references that strictly condemn the  lending (or borrowing) of money at interest: "Thou shalt not lend  upon usury to thy brother." (Deuteronomy 23:19); "He that by  usury and unjust gain increaseth his substance, he shall gather  it for him that will pity the poor." (Proverbs 28:8); "The borrower  is servant to the lender." (Proverbs 22:7); "Owe no man anything  but to love one another." (Romans 13:8). Had people throughout  history heeded these warnings about avoiding taking on debt  with interest attached to it, untold wars, revolutions, conquests,  famines, and financial panics could have been averted, Hoskins  contends. One of the first consequences of a usury-based financial  system, according to Hoskins, is heavy taxation. Hoskins contends  that "The only thing that has kept the usury system operating 
through the ages is taxation." The only time heavy taxation is  not needed is when there is no usury system." This is done to  keep the money supply moving and to prevent severe inflations  and deflations due to hoarding or over-printing. The next consequence  of having a usury system is war, says Hoskins. This is the first phase  of the "War Cycle, Peace Cycle" which the book is titled after. According  to Hoskins, "hot" wars are typically fought near the trough of the   War/Peace Cycle and are waged only as a desperation measure to  stimulate an economy suffering from the effects of deflation (a  consequence of usury). They tend to have the effect of providing  a short-term stimulus to the economy since new money has to  be borrowed into existence in order to fight the expensive battles  and industry is provided an excuse to begin operating at full  capacity again. This is followed by a "peace" phase of non-aggression,  completing an idealized cycle of approximately 50 years from trough  to trough. Hoskins identifies his War/Peace Cycle with the 50-year  "Jubilee Cycle" mentioned in the biblical book of Leviticus. Without  the plague of debt with compound interest attached, there could  be no "War/Peace Cycle," says Hoskins.

Another consequence of having a debt/usury-based monetary  system according to Hoskins is a declining birth rate.  When  typical 6% interest rates begin compounding debt over time,  due to the lack of enough money to pay the existing debts,  the debt-plagued native population of a given country stops  reproducing due to the heavy cost of living. This in turn leads  to the influx of immigration of foreign peoples. Hoskins states  that mass immigration is an absolute necessity for any  usury-based system since new money must always be  borrowed into existence and the money system was  continue to operate at all costs. Immigrants represent  new, debt-free borrowers and bank customers. Yet another  result of a usury system is the complete slavery at some  point when the knaves cannot pay their debts. Hoskins  maintains that every instance of slavery abolition in recorded  history can be traced to the influence of a banking systems  which must keep the money system circulating at all costs.

Hence, slaves are abolished whenever the economy begins  to contract and fresh new borrowers are needed to get  the wheels of commerce rolling again. Writes Hoskins,  "I have never encountered a case in history where  slaves were freed en masse for humanitarian reasons.   First usury causes high prices (inflation), then heavy  debts, a landless people, lower birth rates and declining  population, and finally immigration of new peoples needed  to borrow money into existence and pay taxes, or slaves  are emancipated to achieve the same object." As Hoskins  relates, a debt-free potential borrower is of far greater  value than a heavily indebted native citizen.

Hoskins' grasp of economic history is astounding. The  reader is treated to many nuggets of his wisdom and  he presents amazingly simple, yet profound, solutions  to modern economic problems based on his learning.   Perhaps the most profound chapter in his book is the chapter  entitled "Tallies & T-Bills." Hoskins takes the reader back to  the year 1100 A.D. when Henry I, fourth son of William the  Conqueror, ascended the throne of England. Finding the  treasury empty and his needs great, he cast about for  a source of income. Having wise advisors he soon hit on a  plan. The plan, with a few refinements, remained in effect for  the next 726 years and is so simple and workable that it can  be reinstated tomorrow. He issued "tallies." Quoting Hoskins  at length, he writes: "A tally was a stock about nine inches  or so long with each of the four sides about ½ inch wide. On two of the sides, the value of the "tally" was carved into  the wood.

 

On the other two sides, the amount was printed  in ink. "The tally was then split in half lengthwise. One  half remained in the treasury and the other half was given  to soldiers for their pay, to farmers for wheat, to armorers  for armor, and to laborers for their labor. "At tax time,  taxpayers were required to bring in one half of a tally to  pay their taxes. Woe unto the man who did not have the  required number of tally sticks. As a consequence, these  intrinsically worthless sticks of wood were in great demand.  Gold and silver coins were fine if you traveled abroad for  a crusade or something, but at home if you did not have  your tax-tally at tax time-you were done. "Upon receipt of  a tally the treasurer would immediately match the presented  half with the half stored in the treasury. They had to tally-which  is what gave it the name. Counterfeiters lost their heads! 

 

Actually, it was practically impossible to counterfeit a tally.   The wood grain had to match-the notches had to match-and  the ink inscriptions had to match. This could only come about  if both pieces came from the same split tally stick. "There  you have it! An inexhaustible source of revenue for the government.   The means were available to make tallies as long as there were  trees. There was a demand as long as the government required  the tallies for taxes. The system flourished as long as tax-evaders  and counterfeiters were punished, and they always were. For  726 years the system flourished."

Hoskins points out that government "tally" money and "usury"  money cannot exist side by side.

 

Tally-money makes usury-money  look bad because it stays constant, while usury-money expands  and contracts. The advent of usury-money spelled the death  of the tally. The process began with the Bank of England being  chartered in 1694 and continues today with the Federal Reserve  banking system. Writes Hoskins, "The government has the  right to make money. It can do so whenever it chooses. In the  United States the government has authorized the Treasury to  create Treasury Bills. These bills are created out of thin air, but  they are no less real than the wooden tallies of our ancestors.

The government doesn't need to borrow money from the  banks of the Federal Reserve and have a debt of over  a trillion dollars. It can make money instead. All it has to  do is MAKE T-Bill tallies in denominations of $1, $5, $10, $20  $50, $100, and $1000. Then it can spend them for needed  government services, and tax them out of circulation again.

Our ancestors did it for almost three-fourths of a thousand  years." Hoskins presents a modified system of the tally  system in his book as a model to help relieve beleaguered  towns and municipalities during times of economic depression  when no money is available in the Fed-controlled economic  system. He advises the printing of localized "scrip" for use  as a monetary medium for payments of goods and services  and taxes. With careful planning and organization, he  maintains this plan can be put into effect with only minimal  costs. He documents several instances in recent history  when such systems were used effectively. He also provides  excellent words of advice for the individual or family  suffering under the burden of crushing debts. His advice  on this subject is worth the price of the book alone.

In 1985, Hoskins' book announced that South Africa, at  that time the warmest friend the U.S. had in Africa, would  be turned into an enemy. This occurred one year later. The  book projected that the Arab oil-producing world would be  the next war target-for different economic reasons. This  prediction, too, has come to pass. Massive bank  consolidations were predicted, reducing the total number  worldwide. Open immigration was envisioned as a practical  economic necessity. Now, every locality has its immigration  problems. Other things have not yet come to pass-things  like widespread municipal bond failures, a massive stock  market collapse, widespread famine, a crackdown on  dissidents, rampant civil disobedience, a religious revival,  and an invasion of America by foreign armies. Logically,  these things should also come in time. If they do, America  will be very, very different from what it is today. 

President James Madison:

“If tyranny and oppression come to this land, it will be  under the guise of fighting a foreign enemy.”
 
Vincenzo Vinciguerra stated, in sworn testimony on Operation Gladio in Europe:

 

"You had to attack civilians, the people, women, children, innocent people, unknown people far removed from any  political game. The reason was quite simple: to force ... the public  to turn to the state to ask for greater security."

Former Italian President Francesco Cossiga:

 

"[Bin Laden supposedly  confessed] to the Qaeda September [attack] to the two towers in  New York [claiming to be] the author of the attack of the 11, while all  the [intelligence services] of America and Europe ... now know  well that the disastrous attack has been planned and realized  from the CIA American and the Mossad with the aid of the  Zionist world in order to put under accusation the Arabic  Countries and in order to induce the western powers to take  part ... in Iraq [and] Afghanistan."

 

 President Dwight D. Eisenhower in a televised speech 1961:


“We annually spend on military security more than the  net income of all United States corporations.  This conjunction of an immense military establishment and a large arms  industry is new in the American experience. The total  influence -- economic, political, even spiritual -- is felt in  every city, every State house, every office of the Federal government.   We recognize the imperative need for this development.   Yet we must not fail to comprehend its grave implications. Our  toil, resources and livelihood are all involved; so is the very  structure of our society.  In the councils of government, we must  guard against the acquisition of unwarranted influence,  whether sought or unsought, by the military industrial complex.   The potential for the disastrous rise of misplaced power exists  and will persist. We must never let the weight of this combination  endanger our liberties or democratic processes.”

John Swinton New York journalist at a banquet (1880’s):


"What folly is this, toasting an independent press? There is no such thing,  at this date of the World's history, in America, as an independent press.   You know it and I know it. There is not one of you who dares to write  your honest opinions, and if you did, you know beforehand that it  would never appear in print. I am paid weekly for keeping my honest  opinion out of the paper I am connected with. Others of you are paid  similar salaries for similar things, and any of you who would be so foolish  as to write honest opinions would be out on the streets looking for another  job. If I allowed my honest opinions to appear in one issue of my paper,  before twenty-four hours my occupation would be gone. The business  of the journalists is to destroy the truth, to lie outright, to pervert, to  vilify, to fawn at the feet of Mammon [Biblical ref.], and to sell his  country and his race for his daily bread. You know it and I know it,  and what folly is this toasting an independent press? We are the  tools and vassals of “rich men” [Biblical ref.] behind the scenes.  We are the jumping jacks, they pull the strings and we dance.   Our talents, our possibilities and our lives are all the property of other  men. We are intellectual prostitutes."

J. Edgar Hoover, FBI Director 1924-1972:

 

“The individual is handicapped by coming face to face with a  conspiracy so monstrous he cannot believe it exists”. 
(quoted in The Elks  Magazine,August 1956).



Thomas Paine:

 

"It is the duty of the patriot to protect his country from its [corrupt feudal] government." 


Mark Twain:

 

“Each of you, for himself, by himself and on his own responsibility, must speak”.  

President Abraham Lincoln:


“The money powers prey upon the nation in times  of peace and conspire against it in times of adversity.   It is more despotic than a monarchy, more insolent  than autocracy, and more selfish than bureaucracy.  It  denounces as public enemies all who question its  methods or throw light upon its crimes.  I have two great  enemies, the Southern Army in front of me and the bankers  in the rear. Of the two, the one at my rear is my greatest foe.”

 

George Orwell: 

 

 “In a time of universal deceit, telling the truth is a revolutionary act.”


Aldous Huxley:

 

"It is perfectly possible for a man to be out of prison, and yet not free - to be under no physical constraint  and yet to be a psychological captive, compelled to think, feel and act as the representatives of the  national state, or of some private interest within the  nation, wants him to think, feel and act. "The nature  of psychological compulsion is such that those who act  under constraint remain under the impression that they  are acting on their own initiative. The victim of mind-manipulation  does not know that he is a victim. To him the walls of his prison  are invisible, and he believes himself to be free. That he is  not free is apparent only to other people. His servitude is strictly  objective." (Brave New World Revisited, 1958)

Daniel Boorstin:

 

"The greatest obstacle to discovery is not ignorance ~ it is the illusion of knowledge." 

 


"Zionism is but an incident of a far reaching plan" said leading  American Zionist Louis Marshall, counsel for bankers Kuhn  Loeb in 1917.

 

"It is merely a convenient peg on which to  hang a powerful weapon."

 

The far-reaching plan is Illuminati  world dictatorship. The Illuminati is the highest echelon of  Freemasonry, an occult secret society dedicated to Lucifer.   The world's central bankers have intermarried with the  richest dynastic families of Europe and America to bring  about world hegemony. They instigated wars and depressions  to degrade and destroy humanity. The American people have  been financing their wars since 1914.

 

Social Credit and Lincoln "Greenback" Treasury Money

One of the more unusual places where you will find Social Credit theory is in the American "Greenback" movement. Popular among conservative extremists (your average Michigan Militia member for instance) the Greenback movement holds many of the same principles as Social Credit: especially when related to how governments finance spending. To quote a typical Greenback website (http://www.gold-eagle.com/gold_digest_98/hein061698.html ):

"Abraham Lincoln... declined to pay the bankers' interest on funds he could create on his own, and printed his famous Greenbacks. He was shot in the head. So, for that matter, was President Kennedy, whose assassination apparently brought to a halt the program, then underway, to reissue United States notes. Bloodshed notwithstanding, wouldn't it be fiscally sound for the U.S. to finance itself directly from the printing press, instead of indirectly, by borrowing? It's called the "social credit" scheme."

In short, the Greenbackers' contend that the government does not have the right or the need to borrow money, and should finance its spending by just printing it (this, conveniently enough, would mean that these people wouldn't have to pay taxes anymore :)

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